Tag: China

Bank Of Japan Claims That No Single Crypto Will Rule

While many in Japan seem concerned about China's CBDC, there are high-ranking officials who are not. Those concerned about digital yuan mention first-mover...

Deputy Governor Of The PBOC Reveals Details Of CBDC Testing

The PBOC official recently revealed some data regarding digital yuan testing. The bank opened 113,300 wallets for personal use, and 8,859 for corporate...

Chinese Exchanges Lose Money As Users Withdraw Crypto For DeFi

The DeFi market is finally booming in China, but still a bit late compared to the rest of the world. Chinese searches for...

China’s Iron Ore Importers Plan To Switch To Digital Yuan

China's iron ore importers have expressed interest in abandoning the USD and switching to Chinese yuan. They also noted that they would adopt...

China Starts Testing VeChain In Its Natural Gas Network

VeChain has been teaming up with the largest players in China's energy sector for a long time. Its partnership with Huazhi New Energy...

Bitcoin Mining: China Controls Half Of Global Capacity According To Latest...

Chinese Bitcoin (BTC) miners still dominate the industry despite in decrease in the proportion of global hash rate under their control. Meanwhile, players in...

China Implements Blockchain Tech For Property Sealing

China is leaning towards the use of blockchain technology to optimize many industries in the region. The latest one to join this trend the...

Chinese Police Arrest Scammers Who Were Impersonating Huobi Officers

Chinese police have arrested 12 suspects that were impersonating Huobi officials on the over-the-counter (OTC) website. According to a local news outlet, the group...

The Digital Yuan Might Come Sooner Than Expected

Rumors that the Chinese government is developing a digital yuan have been circulating for more than a year now. Just last year, the deputy...

China Bans Blockchain-Related Firm For Selling Faulty Medical Supplies

Amid the coronavirus global pandemic, every single country is looking to purchase medical supplies to prepare their medical system for the hardship that this...
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